1701 Willowbrook Ave Compton, CA 90222-3044
- Investment properties
- 3,425 SF
- 0.17 lot acres
Current Use by Public Records
- Gutierrez Market / Grocery & Convenience Store / Food Market
Property Details for 1701 Willowbrook Ave
- Year built
- 1946
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Property size
- 3,425 SF
- Zone code
- COCL*
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 6153-026-019
- APU
- 6153026019
Description
This exceptional mixed-use property in Compton, CA, presents a lucrative investment opportunity. Located at 1701 N Willowbrook Avenue, this 3,425 square foot property sits on a 7,501 square foot lot and comprises two buildings. The front building, a retail space currently leased month-to-month to a liquor store/market, generates $2,650 in monthly rent. The rear building is a 2-bedroom, 1-bathroom residential unit, also leased month-to-month for $1,100. Both tenants are responsible for their own utilities. The asking price is $790,000, translating to $230.66 per square foot. Built in 1946, this single-story property boasts a highly visible location, benefiting from proximity to public transportation, schools, and parks, ensuring strong tenant demand. Note that any liquor licenses associated with the retail space are not included in the sale. The seller's expenses are limited to property taxes and insurance, maximizing potential returns for the new owner. This property offers a compelling blend of stable income streams and significant upside potential in a desirable location. The property's strong cash flow and strategic location make it an ideal addition to any investment portfolio.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $770,000
- AI Estimate
- $426,000
Market price range: $427k - $996kMarket price range: $263k - $596k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $745,000 Current use
- AUTO REPAIR, GARAGE
- $765,000 Change: +3% Conversion: Difficult
- RETAIL STORES
- $695,000 Change: -6% Conversion: Easy
- OFFICE BUILDING
- $680,000 Change: -9% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Compton
- County
- Los Angeles
- State
- California
- Longitude
- -118.227
- Latitude
- 33.9073
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA